Key Points SpaceX (NASDAQ: SPCX), the aerospace and AI company founded by Elon Musk, went public at $135 per share on June 12. Its stock closed at a record high of $211.39 on June 16, but it now trades at about $140. Let’s see why it slumped — and where it might be headed. Why … Read more
Best Growth Stocks to Buy for August 14th
The whipping post
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 14th: Norwegian Cruise Line Holdings Ltd. NCLH: This cruise company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.1% over the last 60 days. Norwegian Cruise Line Holdings … Read more
Global Electric Vehicle Sales Diverged In July
The whipping post
Key Points Theglobal marketfor electric vehicles (EVs) was either summer-hot or frosty-cold in July, with sharp differences across regions. All in all, however, demand for both EVs and plug-in hybrid electric vehicles (PHEVs) continued to rise. Let’s break this down a bit and flag a company or two that stands to benefit from the recent … Read more
Nvidia's Market Value Grew 24% Over the Past Year. Intel's Grew 474%.
Key Points Intel’s market value rose about 474% over the past year to roughly $510 billion, while Nvidia’s grew about 24% to $5.4 trillion. Roughly a sixth of Intel’s market-value gain came from new shares rather than a higher stock price. Nvidia earned $159.6 billion over the trailing year, while Intel reported an $11.3 billion … Read more
Crypto Market Update: Russia Oks BTC, Ethereum, USDT Trading
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Here’s a quick recap of the crypto landscape for Wednesday (August 12) as of 10:00 a.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$64,048.61, trading flat over the past 24 hours. Bitcoin price chart Chart via … Read more